Bankers Committee members pay N 123,465.00 only
The international trade system is subject to a wide range of risks and vulnerabilities that can be exploited by criminal organisations and terrorist financiers. This arises from the enormous volume of trade flows, the complexities associated with the use of multiple foreign exchange transactions and diverse trade financing arrangements; the commingling of legitimate and illicit funds; and the limited resources available to most customs agencies to detect suspicious trade transactions.
If not well managed and mitigated, risks associated with trade financing have the potential to undermine financial systems, and the economy. This course has been designed to help staff of organisations and financial institutions equip themselves with the knowledge and skills required to effectively manage Trade Based Money laundering.
The course is targeted at officers in Trade and Export Finance, Funds transfer, Treasury, Operations, Internal Control and Compliance as well as those being prepared for these roles in the near future.
At the end of the course, participants should be able to effectively:
Dimension money laundering and terrorist financing risks associated with Trade Finance
Identify Red flags of suspicious activities and fraudulent schemes
Evaluate Customer Due Diligence processes and procedures
Discover emerging technologies in mitigating risks associated with Trade Finance
Emerging Issues in Global Trade Transactions
Traditional Techniques of Money Laundering and Terrorist Financing
Emerging Trends and Patterns in Money Laundering and Terrorist
Fraudulent Schemes associated with International Trade
Principles and Practice of Trade Based Money Laundering
Red ags and Reporting Framework in Trade Finance
Detecting & Mitigating the Risk of Trade-Based Money Laundering
Regulatory Response to Trade-Based Money Laundering
FATF Response to TBML
For more information: call Elizabeth: 0805 614 6873 or Email: firstname.lastname@example.org